BHS and now Austin Reed collapse
Apr 28th 2016, 10:47 am
#46
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Re: BHS and now Austin Reed collapse
Well at the end of the day, paying more for good service is a luxury for those with cash to burn.
In the US and Canada its more the middle class retailers struggling.
High end and low end seem to be doing okay.
Its the middle class retailers like Sears who no longer have much customer base. Too pricey for low income, too cheap and no good brands for the wealthy.
The middle class is dying a slow death.
In the US and Canada its more the middle class retailers struggling.
High end and low end seem to be doing okay.
Its the middle class retailers like Sears who no longer have much customer base. Too pricey for low income, too cheap and no good brands for the wealthy.
The middle class is dying a slow death.
As for BHS, I'm surprised it lasted this long. Even back in the '80's it felt awfully dated and on its last legs.
Apr 28th 2016, 12:05 pm
#47
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Re: BHS and now Austin Reed collapse
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Apr 28th 2016, 4:41 pm
#48
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Re: BHS and now Austin Reed collapse
I was sorry when Robinson-May disappeared. I bought a lot clobber there over the years. Their clothing was better quality than Sears but their prices cheaper then Nordstrom
Apr 29th 2016, 12:39 am
#49
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Re: BHS and now Austin Reed collapse
There was a good period from the mid eighties, when there was Storehouse Plc. BHS was a sort of mass market Habitat, with really nicely designed homewares and such at popular prices. I don't know why they lost their way after that, but Mothercare (under the same ownership) apparently also went downhill in the 90s (probably because we'd moved to America, those two shops were where we bought a lot of our stuff.)
Apr 29th 2016, 2:25 am
#50
Wolf In Sheeps Clothing
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Re: BHS and now Austin Reed collapse
My sister used to be a Saturday girl at BHS in the food hall part. Used to come home with all manner of goodies as they wouldn't last until Monday (no Sunday trading then!).
Apr 29th 2016, 2:30 am
#51
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Re: BHS and now Austin Reed collapse
Jun 30th 2016, 2:52 am
#52
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Re: BHS and now Austin Reed collapse
Another chain went into administration today, My Local , was part of Morrisons I believe. The retail environment in the UK is probably so different these days in the UK
Jul 6th 2016, 4:50 am
#53
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Re: BHS and now Austin Reed collapse
And another , Nettos is finally leaving the UK.
..... With only 16 shops they were hardly a major player. ... It looks like it was a JV with Sainsbury's.
Jul 6th 2016, 5:03 am
#55
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Re: BHS and now Austin Reed collapse
I also didn't know Kiwksave had also closed back in 2007
Jul 6th 2016, 6:28 am
#57
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Re: BHS and now Austin Reed collapse
Jul 6th 2016, 6:31 am
#58
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Re: BHS and now Austin Reed collapse
It was bought by ASDA in 2010 who couldn't make it work. They then offloaded it off to Sainsbury's who now want to focus more on the Argos side I guess.
Jul 6th 2016, 7:41 am
#59
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Re: BHS and now Austin Reed collapse
